Filmmaker and entrepreneur Tyler Perry recently halted an $800 million expansion of his Atlanta-based studio due to the advancements in AI. Perry’s pause on expanding his 330-acre studio, which would have added 12 soundstages, underscores the disruptive potential of AI in the entertainment industry. AI’s Capabilities During an interview with The Hollywood Reporter, Perry expressed his awe at OpenAI’s Sora’s capabilities in particular. Sora can generate vivid and complex video scenes merely from text descriptions, potentially eliminating the need for location shooting or set building. “Being told it can do
The estate of Donna Summer, the legendary Queen of Disco, has accused rapper Kanye “Ye” West of copyright infringement amid AI concerns. Allegations Against West This accusation centers around a song from West’s recent collaborative album with Ty Dolla $ign, “Vultures 1.” The estate claims that West sought permission to use Summer’s iconic track “I Feel Love” but was denied. Despite this, the album’s song “Good (Don’t Die)” features lyrics and melodies eerily reminiscent of Summer’s classic. The song includes the lyric, “Oh, I’m alive, I’m alive, I’m alive, oh,” along with
MeVitae, a UK-based Diversity, Equity, and Inclusion (DEI) startup, has successfully secured a $1.8 million (€1.7 million) seed round spearheaded by Apex Black. MeVitae Founded by Oxford University alumni, Neuroscientist Riham Satti and Computer Scientist Vivek Doraiswamy, MeVitae specializes in offering a comprehensive DEI ecosystem of HR tools. These tools, developed from a blend of AI ethics and neuroscience perspectives, are designed to detect and mitigate biases, to enhance smarter, faster, and fairer hiring decisions. “Growing up, I never considered that my gender or skin color might impede opportunities. It
Billionaires Mark Cuban and Michael Rubin agreed to invest $300,000 in Black-owned AI startup Bot-It, on a recent episode of ABC’s Shark Tank. Founded by Maurice Bachelor and Joel Griffith, Bot-It lets users automate online tasks like booking appointments, making restaurant reservations, and even securing concert tickets. Bot-It Bot-It is a new service that introduces web automation to everyday people without requiring any coding or technical skills to set up. Bachelor conceived the idea after seeing a friend struggle with completing an online task, and after searching the internet for
Cardi B, 21 Savage, and Nicki Minaj have voiced their support for the No Artificial Intelligence Fake Replicas And Unotherized Duplications (No AI FRAUD) Act. Nearly 300 artists, actors, and performers expressed their support for the bipartisan legislation that would protect against nonconsensual AI voice clones and deepfakes, Billboard reports. No AI FRAUD Act The new bill establishes a federal framework to protect Americans’ right to their likeness and voice against AI-generated fakes and forgeries. It was introduced in the US House on January 10th. Rep. Maria Elvira Salazar introduced the No
A group of Democratic lawmakers has called on the Justice Department (DOJ) to pause funding for predictive policing technology amid discrimination concerns. Predictive policing uses computer systems to analyze large sets of data, including historical crime data, to help decide where to deploy police or identify individuals who are purportedly more likely to commit or be a victims of a crime. In a letter released Monday, Sen. Ron Wyden, Rep. Yvette Clarke, and five other senators asked Attorney General Merrick Garland to halt all DOJ grants. The Concerns With Predictive Policing Technology The letter
Alinea Invest has received $3.4 million in seed funding just in time for the launch of their virtual AI assistant to help users with their investing needs. Alinea Invest After interning at Goldman Sachs, Eve Halimi and Anam Lakhani, co-founders of Alinea, realized the need for a female-focused investing app to guide women in making investments and managing their wealth. “The pain point we saw is that people like us who are young women, Gen Zs, children of immigrants, they have no idea where to start,” Lakhani told TechCrunch. “Financial literacy is a massive pain
Heex Technologies has completed a seed round of €6 million ($6.5M) to support those in tech to exploit AI’s formidable capabilities while reducing its carbon footprint. Heex Technologies Heex Technologies is a startup that accelerates AI development by enabling engineering teams to extract the most value from their data. Heex provides customers with a platform that allows them to target relevant data and share it with the right users for purposes such as supervision, system monitoring, or continuous software improvement. Founded in 2019, the startup initially focused on autonomous vehicles. However, new
Former Twitter CEO Parag Agrawal has reportedly raised $30 million in funding for his artificial intelligence startup. Agrawal was the first Indian-origin CEO of Twitter – now X but was ousted from his position following Elon Musk’s $44 billion takeover in 2022. Who is Parag Agrawal? Born in Rajasthan, India, Agrawal immigrated to the US to complete his PhD in computer science at Stanford University. After joining Twitter as a software engineer in 2011, Agrawal worked his way up to the position of Chief Technology Officer for just under a
Black-owned startup Robin AI has raised $26 million in new funding for its next growth and global expansion phase. RobinAI The AI-driven contract editor is the brainchild of former Clifford Chance lawyer Richard Robinson and former machine learning research scientist James Clough. Founded in 2019, Robin AI uses generative AI to automate and speed up the process of drafting and negotiating contracts and extracting information from across entire contract repositories through simple search. The startup trained its machine learning model on data from 4.5 million legal documents with input from in-house lawyers to create
